- 49.95$ Apple Final Cut Express 4 MAC cheap oem
- Buy Cheap Intuit Quicken Rental Property Manager 2009
- Download Adobe Photoshop CS6 Bible
- Buy OEM Lynda.com - CSS Animations
- Discount - Autodesk Revit MEP 2012
- Discount - Sony Vegas Movie Studio Platinum 9
- Download Alien Skin Snap Art 3
- 29.95$ openPim cheap oem
- Download I.R.I.S. Readiris 11 Pro
- Buy Roxio Easy Media Creator Suite 9 (en)
- Download Lynda.com - Illustrator CS6 New Features
|Why Everyone Needs an ‘Incapacity Plan’|
|News Releases - Stage & Theatre|
|Written by Ginny Grimsley|
|Friday, 02 August 2013 13:50|
3 Experts Share Tips for Protecting Yourself & Your Assets
Stroke, which can also profoundly impair judgment and decision-making, stands at No. 2.
“This year, 7.7 million new cases of dementia will be diagnosed, and 15 million people will suffer a stroke,” says CPA Jim Kohles, chairman of RINA accountancy corporation, (www.rina.com). “By the time dementia symptoms become apparent, their competence may already be affected. Strokes, as we know, can be tragically sudden.”
While many people carefully plan for retirement and what will become of their estate after death, too few provide for that middle ground – incapacity, adds attorney John Hartog of Hartog & Baer Trust and Estate Law, (www.hartogbaer.com).
“We should plan for incapacity, and if it never comes into play that’s wonderful,” says wealth management advisor Haitham “Hutch” Ashoo, CEO of Pillar Wealth Management, (www.pillarwm.com).
Incapacity planning ensures you’re able to speak for yourself in all decisions, from your medical care to financial affairs.
Here are three steps everyone should take, from the accounting, legal and financial perspectives.
All three experts stress the importance of having these provisions in place long before you think you’ll need them.
“Younger people have a higher chance of becoming disabled before they die, and they’re usually the people who haven’t planned for that at all,” says Kohles.
About John Hartog, Jim Kohles & Haitham “Hutch” Ashoo
John Hartog is a partner at Hartog & Baer Trust and Estate Law. He is a certified specialist in estate planning, trust and probate law, and taxation law. Jim Kohles is chairman of the board of RINA accountancy corporation. He is a certified public accountant specializing in business consulting, succession and retirement planning, and insurance. Haitham “Hutch” Ashoo is the CEO of Pillar Wealth Management, LLC, specializing in client-centered wealth management. All three are based in Walnut Creek, Calif., and advise ultra affluent families.
Tags See All Tags